CubicFarm Systems ( (TSE:CUB) ) has provided an update.
CubicFarm Systems Corp., through its subsidiary HydroGreen Inc., has launched its first Feed-as-a-Service (FaaS) facility in partnership with Plainview Beef in Kansas. This facility, operational since November 2024, is the realization of a collaboration aimed at providing high-quality, nutritious feed to beef cattle, enhancing the health and quality of grass-fed beef. The success of initial feed trials has led to plans for rapid expansion, marking a significant step in HydroGreen’s strategy to create a recurring revenue model while improving livestock nutrition.
More about CubicFarm Systems
CubicFarm Systems Corp. is a leading agricultural technology company specializing in innovative solutions for farming efficiency, primarily through its subsidiary HydroGreen Inc. The company focuses on providing advanced feed systems like the Feed-as-a-Service (FaaS) model, which aims to offer sustainable and nutritious feed options to livestock operations.
YTD Price Performance: 462.00%
Average Trading Volume: 6,867
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.49M
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